Question by umccatty: a bank that would take over a person’s personal debt?
Best answer:
Answer by Bud’s Girl
They’d be booked with customers within the first 1/2 hour!
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Question by Stalin B: I need to take a ,000 personal loan, which bank has the best interest rate for this type of debt?
I need it for investment purposes overseas, if there is a better option outthere please share it with me. P.S. I do not own a house, do not have a collateral but I do have have good health, steady income and A+ credit. thanks for your help.
Best answer:
Answer by Nilay
For small business loans or personal loans you may try following P2P – Peer to Peer (or Person to Person) sites:
They are simple and many individuals will loan you money at an interest rate you can afford.
To know more visit the link below:
http://en.wikipedia.org/wiki/Person-to-person_lending
Following is the list of Site / Organizations where you can
seek your money need.
1. you can seek money from
www.Propsper.com.
2. http://www.virginmoneyus.com/PersonalLoans/tabid/54/Default.aspx
3. http://www.lendingclub.com/
4. http://www.zopa.com/
5. https://www.fygo.com/
6. Coming soon:
http://www.loanio.com/
Please note that you should provide a good, honest and detailed reasoning about Why you need money and how and when will you replay it.
Finally here is a nice article with some reviews.
http://reviews.cnet.com/4520-3000_7-6530959-1.html
Good Luck.
-N
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Question by CAROL P: Can a credit card company take money from your personal checking account for business debt without notificatio
Best answer:
Answer by ucbearcats4life
No. Unless you have set up some form of autopay that you have not yet cancelled credit card companies cannot take from you unless you ok it.
I have worked for Citibank Credit Card Services for over 5 years.
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Question by CHRIS M: can credit card companies take your personal items you own to satisfy the debt owed them in michigan/?
is unsecured debt payed by a lien on your personal belongings and or house
Best answer:
Answer by CheerCutieO8
they can if you don’t pay it they need to make the money some how so yea most likely
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Question by Proud Mommy: debt collector agency wont take money order, only debit or personal check over the phone?
I owe them around $ 1300 which I am willing to pay, but I am not willing to give them my bank info as they are asking for. They wont take cashiers check or money order. The company is Monarch.. any advice on how to get this debt paid?
Best answer:
Answer by Woof
You are correct – do NOT give them your bank info. They only reason they are claiming that they “can’t” take it is to get your bank account info. Tell them it’s a money order or nothing.
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Question by Debra 89: If I own a business (LLC)w/ 2 partners and I owe personal debt, can the creditor take it from my business?
Best answer:
Answer by f1scrilla
They can take it from your share of the business as it is a personal asset of yours.
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Question by Theandysullivan: Would it be a good idea to take out a personal loan to pay off high interest credit card debt?
I think Im getting charged about 8.99% intrest on my credit card. What kind of interest would their be for a personal loan? Would that be worth it?
Best answer:
Answer by waggy_33
If the interest rate is lower than the credit card interest it could be ok. The problem would be if you kept the credit cards and ran up more debt where would you go then. Burn the credit cards
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Question by Mwah! Love ya!: Is it ok to take out a personal loan to pay off debt?
I have horrible credit but I need to get $ 6000 out of collections. Is this a smart move? If not, what other options do I have?
Best answer:
Answer by pulijalahari
May be.., take a loan against your car if you have one.
Or go for Debt consolidation
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Question by Slappy W: Where is the best place to take out a personal loan for both debt consolidation and some personal items?
I want to take out a loan to consolidate my debts and to invest in some things to spruce up my home. What is a good place to do this? I have heard Wells Fargo is good. Are they? Any other suggestions? I’m looking for like the $ 10,000-20,000 range.
Best answer:
Answer by CatDad
Go through a local bank that you know and trust. Stay away from online firms. You need to have good credit to get this type of loan. Many people who get debt consolidation loans quickly find themselves in twice as much debt as when they started….because it’s simply too tempting to start using all that newly available credit that was paid by the consolidation loan. Most people do not have the discipline to stop using credit….so if you get this type of loan, contact your credit card companies after the debt has been paid off by the loan and request voluntary credit limit reductions to under $ 500 to avoid the temptation of using all that newly available credit again.
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Question by musicfan19: Is it wise to take a personal loan to pay off credit card debt?
I have around 00 in credit card debt which I want to pay off and have a clean slate..is it wise to take personal loan from a bank to do so? I am a little confused on what is the best way out of this..
Best answer:
Answer by superstup
If you can stop charging on your cards and can save a little on the interest rate then yes. Otherwise you will be running up the cards again and this time with less money to pay them. You must go on a financial diet, and learn to say no to yourself sometimes. Good luck !!
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